Irvine-based Masimo Corp. will buy Connected Care assets from Culver City-based NantHealth for $47 million.
Masimo makes mainly patient monitoring products; Connected Care offers software to help providers anticipate patient needs; it’s part of NantHeath, an umbrella group that develops healthcare firms and is headed by L.A. billionaire Patrick Soon-Shiong.
Masimo is the second-largest medical device maker based in OC, after Edwards Lifesciences, by market cap, at about $8.7 billion.
